FOURCO

Active

Public limited companyfounded 199332 yrs activeTumulidreef 10/D, 1170 Watermaal-Bosvoorde, BelgiumKBO/BCE: BE 0451.569.147

Summary

FOURCO has been active since 1993 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €470,428 and a net result of -€852. Equity remains stable across the filed fiscal years (±1% per year). The computed 12-month bankruptcy probability is 0.1% (very low).

Risk analysisWatch Report Compare

FOURCOActiveChecked score 92/100

Risk analysis Report Compare

Activity

Activity not known1 site

Size

€910,913total assets 2025

Equity: €470,428
Loss: -€852

Turnover not published (abridged schema)

Financial health

92 Excellent Checked score 2025

Bankruptcy chance 12 m: 0.1%

Structure

Accounts 2 d early0 of 7 deeds read

Why 92- Liquidity: current ratio 0.04, cash €9,902- Founded in 1993+ Size: total assets €910,913+ Legal form Public limited companyShow the evidence

Checked score

Score 2025

92 / 100

Excellent

Probability in this band: under 0.55%

Better than 37% of its sector peers (no NACE code, micro)

Performance against the sector, not lower risk

Every signal that weighs is under Signals.

Financial strength · tick = 2024

Strong

Solvency 77+1

equity 51.6% of total assets

Liquidity 27+2

short-term debt 48.4% · cash 1.1%

Profitability 69-2

return on assets -0.1%

Bankruptcy probability, 12 months

0.1% Very low

0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 11-2024: 0.6% 12-2024: 0.6%▲ +3.8% vs 11-2024 01-2025: 1.2%▲ +98.1% vs 12-2024 02-2025: 1.2%● 0.0% vs 01-2025 03-2025: 1.2%● 0.0% vs 02-2025 04-2025: 1.1%▼ -1.2% vs 03-2025 05-2025: 1.1%● 0.0% vs 04-2025 06-2025: 1.1%● 0.0% vs 05-2025 07-2025: 1.1%● 0.0% vs 06-2025 08-2025: 1.1%● 0.0% vs 07-2025 09-2025: 1.1%● 0.0% vs 08-2025 10-2025: 1.2%▲ +3.5% vs 09-2025 11-2025: 1.4%▲ +22.9% vs 10-2025 12-2025: 1.5%▲ +5.2% vs 11-2025 01-2026: 1.7%▲ +8.9% vs 12-2025highest value 02-2026: 0.4%▼ -78.6% vs 01-2026 03-2026: 0.3%▼ -2.8% vs 02-2026 04-2026: 0.1%▼ -76.5% vs 03-2026 05-2026: 0.1%● 0.0% vs 04-2026 06-2026: 0.1%▼ -4.9% vs 05-2026lowest value 07-2026: 0.1%● 0.0% vs 06-2026lowest value 08-2026: 0.1%▲ +3.9% vs 07-2026 09-2026: 0.1%▲ +3.8% vs 08-2026 10-2026: 0.1%▲ +2.4% vs 09-2026

Size: total assets €910,913 lowers the probability for this profile
Liquidity: current ratio 0.04, cash €9,902 raises the probability
Founded in 1993 raises the probability for this profile
Legal form Public limited company lowers the probability

Credit up to €40,000 at 30 days acceptable

Liquidity short (current ratio 0.04 against 0.04 in 2024; short-term debt: 48.4% and cash: 1.1% of total assets), and 48.4% of the assets are financed with debt.

How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

75-100	Excellent	under 0.55%
60-74	Healthy	0.55% to 1.5%
45-59	Fair	1.5% to 4.2%
25-44	Weak	4.2% to 15.0%
0-24	Critical	over 15.0%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (no NACE code, micro). Better than this share of them on solvency 45%, liquidity 15%, profitability 47%, growth against the median 40%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 04-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

Credit check for your own amount and term

Show the recommended maximum : and see how the verdict changes with amount, term and advance.

Signals

Five signals. The signal on the left, the evidence on the right.

−lowers risk+raises risk○neutral

Size: total assets €910,913

In the bankruptcy model this factor lowers the probability for this profile.

NBB · annual accounts

Liquidity: current ratio 0.04, cash €9,902

In the bankruptcy model this factor raises the probability.

NBB · annual accounts

Founded in 1993

In the bankruptcy model this factor raises the probability for this profile.

KBO

Legal form Public limited company

In the bankruptcy model this factor lowers the probability.

KBO

Latest accounts filed on time

The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 29-01-2026, 2 days ahead of the deadline.

NBB · 10 filings

Deviation from the deadline

2025

2 d early

2024

43 d early

2023

1 d early

2022

1 d early

2021

6 d early

2020

3 d early

2019

42 d early

← before the deadline after the deadline →

tick = median of all Belgian filings

This company filed its last 7 accounts on average 14 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Checked, nothing found (2)

The next deadline is still running

The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today. Usually files around 29 January (4 of the last 5 filed years within 30 days of that day).

Companies Code · seven months

Position in the running window

30-06-2026 close05-10-2026 today31-01-2027 deadline

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

29-01-26 Annual accounts filedfiscal year 2025 · micro…
19-12-24 Annual accounts filedfiscal year 2024 · micro…
30-06-24 Back to profitnet €13,446

Key points

Positive: Always filed on timeaccounts within the deadline every year 8 years View
Active since 1993founded 03-12-1993 32 years View
Total assets 20256 fiscal years filed €910,913 View